tomo logo

$310,000

Beds
3
Baths
2.0
sq ft
1,576

5323 SW 83rd Ter, Gainesville, FL 32608

5323 SW 83rd Ter

GAINESVILLE, FL 32608

  • 63 days on market
Opportunity knocks in the highly desirable Haile Plantation! This home offers incredible potential for savvy buyers and investors. With a brand new roof installed in September 2024, this property is primed for transformation into your dream home or next investment project. Perfect for cash buyers or conventional financing—please note it will not qualify for VA or FHA loans. This fixer-upper has been priced well below market value due to its current condition, providing the perfect chance to add value. The exterior needs attention, including addressing WDO (Wood-Destroying Organisms) and replacing the back deck. Bring your vision and creativity to make this home truly shine! All offers must be submitted using the Florida As-Is Purchase and Sales contract, accompanied by proof of funds or a pre-approval letter. Seller will not entertain verbal, text, or creatively financed offers—this is a straightforward cash or conventional deal. Don’t miss out on this rare opportunity to buy into Haile Plantation at a great price!

Details

Property type

Single Family Residence

Est. home value

$318,947

Lot size

0.24 acres

Price per sq ft

$197

Year built

1984

Annual property taxes

$2,361.31

Monthly HOA fee

$47.67

Price History

09/21/2024
StellarMLS

StellarMLS #GC525254

Listed
$310,000
+70.33%
05/19/2010
StellarMLS

StellarMLS #GC312204

Sold
$182,000
-20.18%
06/20/2006
StellarMLS

StellarMLS #GC264104

Sold
$228,000
+28.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$183,803
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$101,397
Cash to seller
$183,803

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American First Mortgage

Loan start date

May 2010

Original loan amount

$145,600

Est. remaining balance

$101,397

Interest rate

5.08%

Loan type

New Conventional, 30 year

Seller

Mary J Lewis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
StellarMLS
$349,000
3 bd
|
2 ba
|
1,292 sq ft
|
House

7020 SW 78th St, Gainesville, FL 32608

Price drop
StellarMLS
$279,999
3 bd
|
2 ba
|
1,764 sq ft
|
House

5401 SW 86th Dr, Gainesville, FL 32608

Price drop
StellarMLS
$309,900
3 bd
|
2 ba
|
1,352 sq ft
|
House

8406 SW 62nd Ln, Gainesville, FL 32608

Status: Active

Tomo last checked: 11/23/2024 at 2:30 AM

Listing updated: 09/22/2024 at 7:02 AM

Listed by: Tammy Broxson, BROXSON REAL ESTATE GROUP Phone #: (352) 262-0027

MLS: StellarMLS #GC525254

StellarMLS logo

Recently listed in GAINESVILLE